Crypto exchange giant Coinbase will provide the infrastructure for gaming entertainment firm Enthusiast Gaming to build out its blockchain-based gaming offerings.
Enthusiast Gaming will use these tools to build out EV.IO, a browser-based first-person shooter game that rewards players with cryptocurrency for their achievements, and other blockchain-based games.
“We’re honored to have been selected by Enthusiast Gaming to power its growing portfolio of games with scalable blockchain infrastructure,” said Dan Kim, vice president of business development at Coinbase, said in a release. “Partnering with industry experts on game-changing titles like EV.IO is how we’ll help onboard the next 100 million users into web3 in the safest and most seamless way possible.”
Enthusiast Gaming earned $51.1 million in revenue in the second quarter of 2022. The firm has partnerships with Adidas, the U.S. Navy, HBO Max, Universal Pictures as well as the gaming NFT marketplace Fractal.
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